Shares of Newbury Street Acquisition Co. (OTCMKTS:NBSTU – Get Free Report) were up 6.3% on Friday . The company traded as high as $11.39 and last traded at $11.39. Approximately 100 shares were traded during trading, a decline of 87% from the average daily volume of 772 shares. The stock had previously closed at $10.71.
Newbury Street Acquisition Stock Performance
The stock has a 50 day simple moving average of $10.57 and a 200-day simple moving average of $10.73.
About Newbury Street Acquisition
Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet or media space, including sports and entertainment verticals.
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